Mr Lukas Lezzi

Lukas Lezzi

Updates

Banking

New DLT/blockchain regulatory framework ready for parliamentary deliberations
Switzerland | 06 December 2019

The Federal Council recently adopted a dispatch on the further improvement of the framework conditions for distributed ledger technology (DLT) and blockchain. The proposal aims to increase legal certainty, remove barriers for DLT-based applications and reduce the risk of abuse. This federal legislation, which is designed as framework legislation, proposes specific amendments to nine existing federal acts, covering both civil and financial market law.